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Politics : Formerly About Advanced Micro Devices
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To: Alighieri who wrote (687542)12/8/2012 12:11:55 PM
From: i-node  Read Replies (1) of 1583126
 
It's ok for you to point out that the estimate could be optimistic and we may have to adjust the payment side of the equation...it's not ok for you to say that the law is not paid for...consider that you could be wrong about the CBO's estimate...as they were on the part D estimate...to the good...that's right...part D...the GOP passed social program that was indeed not paid for...AT ALL...no attempt to pay for it

They are wrong. Period.

Not because they're incompetent. But for a number of reasons --

-- No one can be expected to project the cost of these programs. There are far too many moving parts, small variations in which can have significant influences on over all cost.

-- The unreasonable constraints Congress put on CBO's methodology; instead of saying, "Give us the numbers" they say "Give us the numbers with these assumptions..." And the assumptions are designed to satisfy a particular political need. CBO may in fact be nonpartisan, but there is nothing "nonpartisan" about their output -- it is designed to yield a particular result and Obamacare may be the best example in history of abusing the CBO to accomplish particular political aims.

-- The Part D estimate is a perfect example -- it did not and could not have taken into account the structure of the program -- which involved a lot of private enterprise, competition, and giving beneficiaries skin in the game; all pretty much foreign concepts to CBO to begin with, and requiring analysis of macroeconomic factors that just aren't much subject to estimation. As part of the government bureaucracy, they could not have been expected to understand how unleashing competition and giving patients responsibility for their own costs would affect the cost of the program. And I doubt they were given that flexibility to begin with.

...until the dems fixed that problem.

That's silly. Government didn't "fix" that problem. The cost of Medicare Part D will skyrocket over coming years. And the claim that it is "paid for" is absurd.
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